GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minerales Y Productos Derivados SA (XMAD:MYD) » Definitions » Debt-to-Equity

Minerales Y Productos Derivados (XMAD:MYD) Debt-to-Equity : 0.35 (As of Jun. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Minerales Y Productos Derivados Debt-to-Equity?

Minerales Y Productos Derivados's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €29.5 Mil. Minerales Y Productos Derivados's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €143.9 Mil. Minerales Y Productos Derivados's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €489.5 Mil. Minerales Y Productos Derivados's debt to equity for the quarter that ended in Jun. 2023 was 0.35.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Minerales Y Productos Derivados's Debt-to-Equity or its related term are showing as below:

XMAD:MYD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.41   Max: 0.6
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of Minerales Y Productos Derivados was 0.60. The lowest was 0.08. And the median was 0.41.

XMAD:MYD's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs XMAD:MYD: 0.35

Minerales Y Productos Derivados Debt-to-Equity Historical Data

The historical data trend for Minerales Y Productos Derivados's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Minerales Y Productos Derivados Debt-to-Equity Chart

Minerales Y Productos Derivados Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.58 0.54 0.47 0.42

Minerales Y Productos Derivados Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 0.47 0.43 0.42 0.35

Competitive Comparison of Minerales Y Productos Derivados's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Minerales Y Productos Derivados's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Minerales Y Productos Derivados's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Minerales Y Productos Derivados's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Minerales Y Productos Derivados's Debt-to-Equity falls into.



Minerales Y Productos Derivados Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Minerales Y Productos Derivados's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Minerales Y Productos Derivados's Debt to Equity Ratio for the quarter that ended in Jun. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Minerales Y Productos Derivados  (XMAD:MYD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Minerales Y Productos Derivados Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Minerales Y Productos Derivados's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Minerales Y Productos Derivados (XMAD:MYD) Business Description

Traded in Other Exchanges
N/A
Address
C/ San Vicente, 8, Edif. Albia 1 - 5 Planta, Bilbao, ESP, 48001
Minerales Y Productos Derivados SA engages in the production of industrial minerals, chemical products, construction products, natural absorbents, and bleaching clays. The company's products include Fluorspar, Salts, Anhydrite, Fluorochemicals, Sodium sulfate, Special clays, among others.